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erastova [34]
3 years ago
12

If the costs of health insurance paid by employers decrease, then the economy will experience a _____ shock. Please choose the c

orrect answer from the following choices, and then select the submit answer button. Answer choices negative demand negative supply positive demand positive supply
Business
2 answers:
maria [59]3 years ago
6 0

Answer:

The correct answer is letter "D": positive supply.

Explanation:

A supply shock occurs when an unexpected event changes the supply of a good or service which changes the price of that product. When the supply shock is positive, the supply increases and the price decreases. If the supply is negative, the supply decreases and the prices increase.

Thus, <em>if the costs of health insurance decrease, expecting an increase in the supply in health insurance, the supply shock will be considered positive.</em>

Scorpion4ik [409]3 years ago
3 0

Answer: The correct answer is POSITIVE SUPPLY.

Explanation: Supply Shock is an even that suddenly results in an unexpected increase or decrease in supply of goods and services. For example, a steep rise or fall in oil prices.

Supply shock is said to be negative when it results in a decrease in supply and positive when it results in an increase in supply.

If the costs of health insurance paid by employers decrease, it shifts the short-run aggregate supply curve to the right making it a POSITIVE SUPPLY.

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Which of the following statements regarding supply chain customer service is most accurate?
IrinaVladis [17]

Answer:

d. Supply chains should consider the needs of consumers provided those needs are consistent with marketing strategies.

Explanation:

In order for supply chain customer service to be effective, it is necessary to focus on customer needs and these needs must be aligned with the company's marketing strategies.

In other words, each stage of the supply chain must operate in an integrated manner, so that each process is synergistic and so that the final consumer can receive the product at the right time, in the right quantity and in the right quality. Therefore, supply chain management will improve each step of the process, guaranteeing the quality of the processes, the reduction of time, the reduction of costs and waste and ensuring the continuous improvement of the process, which will make the product go through each channel effectively, generating value and strengthening the relationship between the company and the consumer.

5 0
4 years ago
Cobe Company has already manufactured 17,000 units of Product A at a cost of $20 per unit. The 17,000 units can be sold at this
AlexFokin [52]

Answer:

differential analysis:

                         No further process      Process further         Differential

                                                                                                 amount

Sales revenue            $410,000                $1,213,400             $803,400

Production costs     ($340,000)               ($580,000)           ($240,000)

Operating income       $70,000                  $633,400            $563,400

The company should process further and sell products B and C because its operating income will increase by $563,400.

6 0
3 years ago
The purpose of an executive summary is to A. combine information from various sources in novel and insightful ways that do not r
Savatey [412]
<h2>The purpose of an executive summary is to represent briefly the most important elements of your report including the key findings and conclusions.</h2>

Explanation:

Executive summary:

  • To highlight the main feature thus catching the attention of readers to learn more on it.
  • It should state the purpose of the report which is mandatory
  • It should also contain the results and recommendation too
  • It is just a overview of the important findings
  • The report should be presented in such a manner that the reader does not get bored
  • This can also be called as synopsis
3 0
3 years ago
During the course of a year, the labor force consists of the same 6,000 people. Employers have chosen not to hire 420 of these p
dybincka [34]

Answer:

5%

12%

Explanation:

Unemployment rate is the fraction of the labour force that are unemployed but are actively looking for work

Types of unemployment include:

Frictional unemployment : it is the period of time a person is unemployed from the period he leaves his current job and the time he gets another job. The 300 unemployed people are frictionally unemployed

structural unemployment : it occurs as a result of changes in the economy. These changes can be as a result of changes in technology, polices or competition . Structural unemployment tends to be permanent. The 420 unemployed people are structurally unemployed

Voluntary unemployment : e.g. worker at a fast-food restaurant who quits work and attends college.

Cyclical unemployment : occurs as a result of fluctuations in the economy

Frictional unemployment = (total frictional unemployed people / total labour force ) x 100

(300 / 6000) x 100 = 5%

Total unemployment rate = (total frictional unemployed people + total structural unemployed individuals / total labour force ) x 100

[(300 + 420) / 6000] x 100 = 12%

7 0
3 years ago
Suppose an assistant professor of economics is earning a salary of $75,000 per year. One day she quits her job, sells $100,000 w
34kurt

Answer:

Economic profit  $10,000

Explanation:

Income earned as an assistant professor = Salary + Interest on bonds = 75000 + 5% on 100,000 = 75000 + 5000

Income earned as an assistant professor = $80,000

Income from the bookstrore = $90,000

In calculating economic profit, opportunity costs are deducted from revenues earned.

Economic profit = $90,000 - $80,000 = $10,000

8 0
3 years ago
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